"This paper presents the preliminary results of our ongoing study of corrective policy intervention in cluster-based industrial development. At the center of this study is a field experiment that we are conducting in a knitwear cluster in Ha Noi (previously Ha Tay) and a rolled steal cluster in Bac Ninh in Vietnam. In these clusters, we conducted baseline surveys of firms from April to July 2010 and then provided classroom training programs for entrepreneurs in June to August of the same year. The evaluation of the training impacts is expected to reveal whether entrepreneurs in clusters possess basic knowledge of management before the training, what characterizes the entrepreneurs who are more willing and able to absorb new knowledge, whether the training can change entrepreneurs' attitudes toward learning management knowledge, how much entrepreneurs can learn from a short-period training program, and whether the benefit of the training program exceeds its cost, among others."
"Technology entrepreneurship rarely succeeds in isolation; increasingly, it occurs in interconnected networks of business partners and other organizations. For entrepreneurs lacking access to an established business ecosystem, incubators and accelerators provide a possible support mechanism for access to partners and resources. Yet, these relatively recent approaches to supporting entrepreneurship are still evolving. Therefore, it can be challenging for entrepreneurs to assess these mechanisms and to make insightful decisions on whether or not to join an incubator or accelerator, and which incubator or accelerator best meets their needs. In this article, five key factors that entrepreneurs should take into consideration about incubators and accelerators are offered. Insights are drawn from two surveys of managers and users of incubators and accelerators. An understanding of these five key success factors (stage of venture, fit with incubator's mission, selection and graduation policies, services provided, and network of partners) and potential pitfalls will help entrepreneurs confidently enter into a relationship with an incubator or accelerator."
"We organized business associations for the owner-managers of young Chinese firms to study the effect of business networks on firm performance. We randomized 2,820 firms into small groups whose managers held monthly meetings for one year, and into a "no-meetings" control group. We find the following. (i) The meetings increased firm revenue by 8.1%, and also significantly increased profit, factors, inputs, the number of partners, borrowing, and a management score. (ii) These effects persisted one year after the conclusion of the meetings. (iii) Firms randomized to have better peers exhibited higher growth. We exploit additional interventions to document concrete channels. (iv) Managers shared exogenous business-relevant information, particularly when they were not competitors, showing that the meetings facilitated learning from peers. (v) Managers created more business partnerships in the regular than in other one-time meetings, showing that the meetings improved supplier-client matching."
"Aimed at investors and other development practitioners, this toolkit highlights the potential of using finance to impact and empower adolescent girls and young women in emerging markets. The toolkit is based on the work of SPRING and four years of experience in running its accelerator for girls and young women impact ventures in East Africa and South Asia."
"The Government has put high-growth, innovative businesses at the heart of its economic agenda, and is focusing policy on how to back the big businesses of tomorrow. The aim of this research was to provide: "a thorough and focused literature review on business incubation." The purpose of which was to identify models of incubation that have the greatest impact on the mission of building high-growth, innovative firms."
"A growing wave of co-location programmes promises to boost growth for entrepreneurs and young firms. Despite great public and policy interest we have little idea whether such programmes are effective. This paper categorises accelerators and incubators within a larger family of co-location interventions. We then develop a single framework to theorise workspace-level impacts. We summarise available evaluation evidence and sketch implications for regional economic policy. We find clear evidence programmes are effective overall. But we know little about how effects operate - or who benefits. Providers and policymakers should experiment further to establish optimal designs."
"We mailed brochures to 10,000 randomly chosen employed German workers eligible for a subsidized occupational training program called WeGebAU, informing them about the importance of skill-upgrading occupational training in general and about WeGebAU in particular. Using survey and register data, we estimate effects of the information treatment brochure on awareness of the program, on take-up of WeGebAU and other training, and on subsequent employment. The brochure more than doubles awareness of the program. There are no effects on WeGebAU take-up but participation in other (unsubsidized) training increases among employees aged below 45. Short-term labor market outcomes are not affected."
"This study creates a taxonomy of startup assistance organizations and provides a working definition of an innovation accelerator that departs from those found in the existing literature. Previous definitions have highlighted accelerators' services and focus on software applications as key characteristics of the definition. The proposed taxonomy distinguishes accelerators from other startup assistance organizations based on the organization's value proposition and business model, both of which are influenced significantly by the accelerator's technology focus and the founder's motivation for starting. Through this taxonomy, three categories of startup assistance organizations are identified: (1) incubators and venture development organizations, (2) proof-of-concept centers, and (3) accelerators. Accelerators are further subdivided into social accelerators, university accelerators, corporate accelerators, and innovation accelerators."
"This study conducts a comparative analysis of social enterprise intermediaries in China and India to better understand how they legitimize social enterprises in new settings. To address theoretical weakness in this sphere, it combines several institutional theories to capture disruptions created by institutional innovation and also legitimizing processes. Drawing on data collected from surveys, interviews, and websites in each country, it finds that intermediaries mitigate negative and leverage positive influences of external institutions though their strategies vary due to country differences in institutional pressures. This information is key to building intermediaries' capacity to institutionalize social enterprises as new institutional actors."
"The purpose of the paper is to find the relationship between education and training and performance of women entrepreneurs (WEs). The present study found that entrepreneurial education stimulates women to take up entrepreneurship as a career option."